[7.2 Lithium Express] Lithium copper foil is in short supply and rising ferociously explosive expansion is difficult to quench near thirst * the agency said battery sales in Ningde era surged by 272% in the first five months of this year.

[Azure Lithium Core: first-half net profit increased by 346% Mel 388% over the same period last year] on July 1, Azure Lithium Core announced that it expected to make a profit of 320 million yuan to 350 million yuan in the first half, an increase of 346.31% Rue 388.15% over the same period last year. During the reporting period, the lithium battery business as a whole was in a state of full production and full sales, which increased significantly compared with the same period last year, and was the largest source of profit for the company; at the same time, LED business also reversed the loss of the previous year and made a profit.

[copper foil shortage rising ferociously explosive expansion difficult to quench thirst] since May this year, the copper foil market has ushered in a price boom, with the average price of copper foil rising by about 22% compared with the beginning of the year. Among them, the price of electronic copper foil has risen even more ferociously, rising 60% since its low in 2020. The Bank of China Securities Research and report predicts that from 2020 to 2022, the global market space for lithium copper foil will be 15.2 billion yuan, 22.3 billion yuan and 29.2 billion yuan respectively, and by 2025 it is expected to reach 58 billion yuan, of which 6um copper foil is expected to reach 30.4 billion yuan. The lithium copper foil industry is rapidly picking up, the market supply exceeds demand, the head enterprise is in a state of full production and full sales, and the processing fee is rising rapidly. Chen Yubi, executive vice president of Nord shares, said that the lithium copper foil industry has entered a stage of rapid development, and China's lithium copper foil will still be in short supply by the end of 2021.

[Ganfeng Lithium Industry: by 2020, Ganfeng decommissioned lithium battery disassembly and metal comprehensive recycling project has reached a recycling capacity of 34000 tons] on June 29th, Wang Xiaoshen, vice chairman of Ganfeng Lithium Industry and chairman of Ganfeng Sustainable Development Committee, attended the "Green supply chain Management Forum" in the context of carbon neutralization. By 2020, the Ganfeng decommissioned lithium battery disassembly and metal comprehensive recovery project has reached a recovery capacity of 34000 tons, with a lithium recovery rate of more than 90% and a comprehensive recovery rate of nickel, cobalt and manganese of more than 98%. At present, Ganfeng cycle is completing the planning of capacity improvement and business development in an orderly manner, and gradually improve the layout of the recycling field.

[organization: Ningde era battery sales surged 272% in the first five months of this year] according to market research firm SNE Research, from January to May this year, lithium-ion battery maker Ningde Times (CATL) provided the world with the largest number of electric vehicle batteries, and its battery sales surged 272% compared with the same period in 2020.

[Porsche North American CEO: will speed up its electric vehicle deployment plan, but will still invest in gasoline vehicles] Porsche North American CEO Kjell Gruner said in an interview a few days ago that Porsche is planning to set a sales record based on the success of all-electric models. The three pillars of the company's powertrain strategy include future investments in all-electric vehicles, plug-in hybrid models and internal combustion engines. Gruner also said Porsche's second-quarter earnings rose 55 per cent from a year earlier.

[Canada will ban the sale of internal combustion engine cars until 2035] Canada has announced that it will ban the sale of new gasoline and diesel cars and light trucks from 2035, becoming the latest country to introduce a timetable for the delisting of fuel vehicles. Only zero-emission cars and trucks can be sold in Canada from 2035. The Canadian government also said it would launch a combination of investment and regulatory measures to help transform the auto industry and is setting interim targets for 2025 and 2030.